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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Amark$p who wrote (25383)1/26/2005 4:13:05 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
Indirect bidders only taking 30% is not adequate, IMO.

Not adequate for what?
Yields hardly moved today.
I thought everyone was bitching about foreign buying.
It slacks off and now its "not enough"
Obviously it was enough if yields did not move.

I firmly believe domestic demand will pick up where foreign demand left off.
One day does not prove a thing but I expect more of this as the US economy weakens.

Mish


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